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Suppose a Jar of DeLux Popcorn That Is Ultimately Sold

Question 13

Multiple Choice

Suppose a jar of DeLux popcorn that is ultimately sold to a customer at Friendly Groceries is produced by the following production process:  Name of Company  Revenues  Cost of Purchased Inputs  Fulton Family Farm $0.500 DeLux Popcorn Co. $2.50$.50 Friendly Groceries $4.00$2.50\begin{array} { l c c } \text { Name of Company } & \text { Revenues } & \text { Cost of Purchased Inputs } \\\text { Fulton Family Farm } & \$ 0.50 & 0 \\\text { DeLux Popcorn Co. } & \$ 2.50 & \$ .50 \\\text { Friendly Groceries } & \$ 4.00 & \$ 2.50\end{array} What is the value added of Fulton Family Farm?


A) $0.00
B) $0.50
C) $1.50
D) $2.50

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